05-28-2024 CC - Laserfiche WebLink

Home Browse Search

Mounds View City Council May 13, 2024 Regular Meeting Page 9 1 out further. He questioned what type of timeframe was necessary in order to better understand the 2 impacts. Finance Director Bauman explained for the record, the City set aside funding annually 3 for sealcoating, fogging and reclamite. She reported with respect to the Charter, she does have all 4 operating costs for the capital outlay funds. She indicated the General Fund does not have capital 5 outlay. She believed it would be misleading to complete a General Fund projection with the 2024 6 budget and an inflationary figure because so many changes were coming up that would change the 7 2025 budget. She anticipated by July she would have more confidence in the numbers. 9 Mr. Amundsen invited Ms. Bauman to attend the next Charter Commission meeting, which would 10 be held on Tuesday, May 21 to discuss the timing issue in further detail. He stated he was following 11 the calendar that was established by Finance Director Beer and noted as staff makes changes, the 12 calendar could be adjusted. He indicated his real concern was with the fact the Council didn't have 13 a whole picture of what the five year financial plan is if the Council was only looking at the 14 proposed projects. 15 16 Mayor Lindstrom stated one of the changes that should be considered would be to add a provision 17 for citizens to bring project concerns before that timeline. 18 19 Council Member Meehlhause indicated there were two different topics here. He noted the five year 20 capital improvement plan and the special projects plan were one piece. He stated the other piece 21 was a projection on the general fund budget. He reported Mr. Beer always said when this plan was 22 approved, that it was out of date because numbers were always changing. He suggested the Charter 23 be further looked at, noting dates may have to be amended. He indicated the capital projects that 24 were three or four years out, may not have a funding mechanism in place at this point in time. He 25 stated the City Charter serves different entities, but it has to work for the Charter Commission, 26 residents, City Council and City staff. He explained the timing may be off a little and the Charter 27 Commission may need to consider an amendment. 28 29 Rebecca Scholl, 2467 Hillview, commented one of her concerns was that the Council was being 30 asked to approve a report that does not comply. She explained Mr. Amundsen was looking for this 31 report to meet the Charter's requirements. She understood this may not happen by June 1st and 32 noted she would like to see the City and the report in compliance with the current charter going 33 forward. 34 35 Mayor Lindstrom stated he appreciated Finance Director Bauman's commitment to accuracy in 36 the numbers she was presenting to the Council. He agreed the plan was not perfect this year, but 37 the Council would continue to have budget conversations and the numbers would continue to be 38 updated and filled in. 39 40 Public Works/Parks and Recreation Director Peterson indicated this was a five year plan and as 41 the Council begins working through the budget for 2025 projects would be picked, but not every 42 project would be completed. 43 44 MOTION/SECOND: Gunn/Meehlhause. To Adopt Resolution 9919, Adopting a Five Year 45 Financial Plan for 2025 thru 2029. 46